The Graveyard › Banks › 2010
Centennial Bank
Ogden, UT · failed March 5, 2010 · FDIC certificate 34430
Centennial Bank of Ogden, UT failed on March 5, 2010. It opened on April 2, 1997, 12 years before. At its last report before that it held $212.8 million in assets and $205.1 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 2009, it held $241.4 million. The FDIC estimates that the Deposit Insurance Fund lost $70.5 million on it.
1997-062009-12
Assets at the end$212.8 millionlast report before March 5, 2010
Deposits at the end$205.1 million
Estimated loss to the fund$70.5 millionDIF
Largest in the quarterly reports$241.4 millionMarch 31, 2009
Equity to assets3.0%December 31, 2009
Loans not being repaid16.1%noncurrent, December 31, 2009
Return on assets-6.31%a year's rate, December 31, 2009
Staff50full time, December 31, 2009
Also ended in 2010
- Westernbank Puerto Rico · Mayaguez, PR · $10.8 billion in assets
- R-G Premier Bank of Puerto Rico · Hato Rey, PR · $5.7 billion in assets
- La Jolla Bank, FSB · La Jolla, CA · $3.6 billion in assets
- Riverside National Bank of Florida · Fort Pierce, FL · $3.4 billion in assets
- Frontier Bank · Everett, WA · $3.3 billion in assets
- Midwest Bank and Trust Company · Elmwood Park, IL · $3.2 billion in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.